The property is an office building with retail on the ground level and parking in the basement. The building totals 14.306 m²offices, 2.099 m² retail shops and 188 internal parking spaces. The property is a multi-tenant office building with different retailshops on the ground level. Built in 1988. The building has a reinforced concrete structure with 7 upper levels. The different office levels are built around an open courtyard and benefits of 3 staircases and lifts, as well as 2 sanitary blocks and kitchenette. The office levels have been renovated with predominantly no false ceilings, but rather suspended light boxes, carpet on false floors, 2.80 m free height, air conditioning and double glazed windows with helio screens (aluminium framed original windows, arguably rather dated and a weak point in what is otherwise a very high quality building).
The property is located at the corner of the Avenue Louise and the Chaussée de Charleroi in front of the Place Stephanie. Between the Place Louise and the Place Stéphanie, the Avenue Louise is called the ‘goulet Louise’ and is one of the best retail locations in Brussels. The subject is at the limit of the prime retail pitch and the boutiques on the Chaussée de Charleroi side are definitely to be considered good secondary retail space.
The Avenue Louise is an established and very successful office location, particularly at this end. The building benefits of an excellent visibility and a very good access to public transport with trams in front of the building and the Louise Metro station a short walk away. The location is very popular with staff as it offers prestige as well as a huge choice of shops and restaurants.
The prestige of the location is enhanced by the presence in the same development of the Conrad hotel, the most prestigious in Brussels.